Fords start $10M campaign to support Detroit youth
The Michigan Central Station Children’s Endowment Campaign aims to raise at least $10 million by June, when Ford Motor Co. is reopening the depot as the heart of a new mobility campus.
Ford delays 3-row EVs as focus shifts to smaller, affordable products, sources say
The automaker is expected to launch a small EV crossover by late 2026, according to a person with knowledge of the automaker’s plans. Bloomberg reported it would start at around $25,000 and be the first of three affordable EVs.
Holman nearly doubles auto retail business with Leith Automotive megadeal
The transaction closed this week and nearly doubles Holman’s auto retail business. It’s the latest in a slew of large dealership group acquisitions.
Credit unions and banks fall to captives in auto finance market share
A return of captive finance incentives is likely driving the shift in market share, said Experian’s senior director of automotive financial solutions.
Dealerships' responses to website inquiries improving, new study shows
Pied Piper’s study, released this month, ranks dealerships on a 100-point scale based on how they respond to mystery customer inquiries on their websites within 24 hours.